American labor is in tough position these days, as it their employers, as changes come to auto manufacturing ... Bargainers for General Motors and the United Auto Workers reached a tentative contract deal Wednesday that could end a monthlong strike that brought the company’s … [Read more...] about GM and autoworkers reach tentative deal….
the Economy
U.S. consumer spending dropped last month….
People gotta stop pushing the American economy is doing fine... It isn't.... U.S. consumer spending sunk in September by the lowest rate in seven months, according to data released Wednesday by the Commerce Department. Sales of retail goods and food services sank 0.3 … [Read more...] about U.S. consumer spending dropped last month….
Could the Brits be ready to do a second Brexit Vote?
Hmmmm? Maybe a 'do over ' could put the who leaving the EU to rest? As Britain and the European Union grope for an elusive new agreement on Brexit, an old idea is suddenly getting new traction in the halls of Parliament: putting Britain’s departure from Europe back up for a … [Read more...] about Could the Brits be ready to do a second Brexit Vote?
Economic Model has Trump Headed for Easy Re-Election next year ….
The forecast model that's done good ....Did get the last general election wrong like the rest of us ... The American economy (And the World's) is actually slowing right now.... Trump is also losing in current polling in many of the state's the forecast has him … [Read more...] about Economic Model has Trump Headed for Easy Re-Election next year ….
UK ‘softens Brexit position’ in final push for deal…
They seem to be getting serious now? A path to a Brexit deal opened Friday — but there's still a long way to go and very little time. EU diplomats said the U.K.’s willingness to soften its position on customs arrangements for Northern Ireland provided the breakthrough that … [Read more...] about UK ‘softens Brexit position’ in final push for deal…
U.S. billionaires paid a lower tax rate than the working class last year….
Republicans can rejoice ! They switched the tax burden even MORE to the countries middle class while the country spends almost a Trillion dollars MORE then it takes in... Is this anyway to run a a country? A new book-length study on the tax burden of the ultrarich … [Read more...] about U.S. billionaires paid a lower tax rate than the working class last year….
The American Government spends almost a Trillion Dollars MORE than it takes in….
Actually? It's a $984 Billions... Anybody out there have a check book THAT unbalanced? And Trump and Republicans have hinted at a another possible tax cut? The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional … [Read more...] about The American Government spends almost a Trillion Dollars MORE than it takes in….
U.S. economy added just 136,000 jobs in September…
While the jobless number is at a near half a century low ? Things ARE sliding downward..... The U.S. economy added a modest 136,000 jobs in September, sending the unemployment rate to a nearly 50-year low, a mixed bag that some economists said was more evidence that the … [Read more...] about U.S. economy added just 136,000 jobs in September…